People's Bank of China skips OMOs again today, no reverse repos
- No net drain nor injection
Onshore CNY weaker again set by the Bank
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Long live cryptocurrencies? Five insights from the ASAC Fund
Onshore CNY weaker again set by the Bank
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Long live cryptocurrencies? Five insights from the ASAC Fund
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Samsung's 1800% profit jump on AI chips can't lift shares. Valuation concerns linger post-rally.
Asia-Pacific stocks fell broadly on Tuesday as Samsung shares slumped despite a bumper profit forecast, dragging down regional chip stocks, even as Wall Street hit fresh highs overnight and Japanese investors rotated into value shares.
SK Hynix's $28B IPO rides AI wave! Chip stocks rip, signaling market boom or bust.
Softer Japan wage data unlikely to derail BOJ hikes, even as yen risk grows Soft wage data won't stop BOJ hikes, but yen weakness and rising bond yields could ripple through global markets.
PBOC's Pan lifts Southbound Bond Connect quota to 800bn as Hong Kong expands gold links Beijing and Hong Kong unveiled a broad package linking bond, currency and gold markets more closely together.
AI fuels a 22% earnings surge, but watch for an 'earnings bubble' and potential market crash.
An unverified social media account alleges a former Tsinghua professor was briefly detained and had his accounts erased after warning of a possible 20 to 30 year stagnation for China's economy, in a claim that has not been independently confirmed.
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